Income Inequality
Thomas Piketty's New Book Brings Political Economy Back to Its Sources
In the same way that Capital in the Twenty-First Century transformed the way economists look at inequality, Piketty's new book Capital and Ideology will...
The Future of Capitalism and the Utopia That Never Was
In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the "ethical world."
Paul Collier’s...
Angus Deaton: Today’s Inequalities Are Signs That Democratic Capitalism Is Under Threat
At the launch of the IFS Deaton Review, a 5-year review of rising inequalities in the UK, Sir Angus Deaton decried extreme inequality and the...
Basic Income as a Policy Lever: Can UBI Reduce Crime?
What would the effect of a universal basic income be on crime? A new study looks into Alaska’s Permanent Fund Dividend and suggests that...
Wealth Inequality in America: A Race Between the Stock and the Housing Market
Booming stock markets and the collapse of house prices in the aftermath of the 2008 financial crisis have increased wealth inequality in the US...
The Nation-State: The Common Root of Our Failure to Deal with High Global Inequality and Climate Change
Inequality and climate change are both global problems that cannot be solved by a single country. Yet we are stuck with the political limitations...
How Finance Affects Income Inequality
There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...
Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It
A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...
Rents and Inclusive Growth: A Decline in Rent Sharing Implies Growing Income Inequalities
A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing...
How Market Power Worsens Income Inequality
Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...
